Good to see some admitting they were off by 100% in the criticism of Kyle while ignoring he took no salary for 12 years.
I'm not so sure I would put a lot of value in the word of anyone who once:
• Said to not buy a stock that later went up 3,000% (SFRX)
• Advised buying a stock that then went down 99.99% (EXPL)
• Had the gaul to say the problem with EXPL, when it was trading around 50 cents, was that there was a lack of shares available and buyers were waiting for larger blocks to be available. EXPL now at .0001 and non-trading, non-reporting. Now says EXPL is “doing fine” and price doesn’t matter.
• Doesn't know the difference between a promissory note and a convertible note.
• Argues the tech for the SeaSearcher is imaginary while at the same time says it already exists.
• Pretends not to understand how the SeaSearcher has value.
• Is unable to see the expanding uses for the SeaSearcher tech in multiple industries and that it can be used on many wrecks, not just one
• Says Tim Reynolds does not understand salt water
• Implies the SFRX BOD is personally selling shares when they are not.
• Says no one is promoting EXPL while promoting EXPL at the same time
• Attacks a company for 7 years without owning shares while also claiming they have a buy order submitted to "load the boat" with SFRX shares when treasure hits, after filtering through a number of excuses, now says here for the “comedy”
• Thinks Micah being found guilty by a jury on 19 counts of fraud is just part of doing business and not a big deal, "he was just found liable, not guilty!" LOL!
• Equates being reimbursed for a phone bill as the same as receiving a salary, ignores that Kyle received no salary for 12 years, now complains about his salary while overestimating it by 100%
• Brags about making money on a P&D
• Does not believe a teredo crust exist and is just ‘hype’ because they lack the experience to know about them
• Complains about everything taking too long while working behind the scenes to slow things down
The above list is not complete, but it's plenty to make a sound decision regarding investment advice.
Keep in mind, Seafarer is criticized:
When Seafarer’s own CEO is positive about the company.
When they communicate with the public and when they do not communicate with the public.
When the price goes up (“wash trading!”) and when the price goes down.
When the volume is high (“wash trading!”) and when the volume is low.
When they have a new development and when they do not have a new development.
When they do something or when they don't appear to do anything.
When they announce what they expect to happen and when they do not announce what they expect to happen.
When they communicate to the public before something happens and if they make plans to communicate to the public after something happens.
When they promote something and when they purposely don't promote something.
When they hire someone or when they fire someone.
When Kennedy takes a salary and when he does not take a salary (12 years, no salary).
When... well, I guess it could be a long list.
Eventually it will be when they do find treasure and when they don't find enough treasure.
Basically it's every single thing they, the shareholders or anyone currently or previously associated with the company do – whether good or bad.
All I know is that I would not take advice from entities that have no firsthand knowledge about the operations or understandings regarding the crew, officers, scientists or the capabilities of the SeaSearcher.
The best source of information is from the company and people who are actively engaged with the equipment, strategy and operations.
If you think you are going to get insider information on this company or that you will know when something big is about to happen because of insider buying or insider activity, you are mistaken. The people who know will not be saying. The people who say they know, do not and will not. There will not be leaks.
You see, according to non-shareholding trolls of SFRX (who did get stuck with .0001 P&D EXPL):
Seafarer is a clown show that will never get a permit,
but if they do get a permit it will only be a ‘swim’ permit and won’t allow them to dig,
but if they do get a permit to dig then they don’t have the right equipment,
but if they do have the right equipment then the site has been picked over for 30 years and there is no wreck there,
but if it hasn't actually been picked over and there is a wreck there then FBAR won’t let them bring it up,
but if FBAR does let them bring it up then they won’t be able to find the treasure because they have no experience,
but if they do have experienced military trained divers and invent a SeaSearcher that helps them find it then the SeaSearcher doesn’t really exist,
but if the SeaSearcher does exist then it doesn’t work,
but if it does work then it’s nothing special and it’s already been done before with other equipment thus it already exist,
but if does exist and it is special then it’s not needed because all the treasure that has been found so far was found without it,
but if it does make finding treasure much much easier, faster and more efficient, then there won’t be much treasure there
but if there is a lot of treasure then they won’t be able to keep it
but if they can keep it then they won’t be able to keep it very long and Spain could come take it any day,
but if they don’t come take it and it is a lot then…
well, it’s only one wreck so it’s a “sell on the news” event and they couldn’t possibly use this new technology again on another wreck over and over again and again or transfer it’s usage to another industry and most definitely there would never be a military use for it even though that’s already been mentioned but it hasn’t happened yet so that means it will never happen.
Good luck to all the shareholders of SFRX!
#tonnagenottrinkets
Bullish